Import is the process of purchasing and entering goods or products from abroad into the country. For example, if you are a fan of imported clothes from China and want to make your passion a business opportunity, you can be an importer of imported clothes for sale in Indonesia.
Become a promising business opportunity, before starting,
You need to know how this import process can be done, what documents are needed and what obstacles can appear when imports. And no need to worry because here will also be shared tips to be a reliable importer. Let's look at it until it's finished to get the entire information!
Why does it have to be imported?
The main reason why a country must import is to meet the needs of goods or services that cannot be produced efficiently or in sufficient amounts in the country. Factors such as limited natural resources, technology, climate,
Or skills can make some products cheaper or better if obtained from abroad.
In addition, imports allow consumers to get wider variations of products, often with more competitive prices. Several other reasons including:
Maintaining price stability: Import can help stabilize the price of certain goods in the domestic market, especially if the demand is high and local production is not sufficient.
Encouraging innovation: By importing technology and new goods, the state can introduce innovation and increase local productivity.
Improving International Relations: International trade through imports and exports can strengthen diplomatic and economic relations between countries.
Overall, import is an important part of the global economy that allows the country to utilize comparative advantages with each other.
Documents needed when imported
When importing, there are several important documents that are usually needed to ensure the process runs smoothly and in accordance with applicable regulations. Here are some of the main documents needed during imports:
Importer identification or fire
NIK and SPR
NPWP, SIUP, TDP and TDI
Other documents such as Purchase Order,
Bill of Lading (B/L), Commercial Invoice, Packing List, PIB and SPPB
These documents are very important to comply with import regulations in force in the destination country and ensure that the import process runs smoothly.
Obstacles that are often faced during imports
The import process is often faced with various obstacles that can affect the smooth running and operational efficiency. Here are some general obstacles that are often faced during imports:
Complicated regulations and licensing
Generally each country has different rules and regulations about the problem of import activities.
Understand and comply with all requirements, including obtaining the necessary import permits, can be a challenge, especially if the regulation often changes.
Slow customs process
The inspection and clearance process in customs can take a long time, especially if the document is incomplete or there is an error in filling.
This delay can result in late delivery and additional costs.
Currency Exchange Rate Fluctuations
Changes in currency exchange rates can have a significant impact on import costs. If the domestic currency weakens against the currency of the country of origin of the goods, import prices will increase, which can affect profitability.
High shipping costs
International shipping costs, especially for sea or air shipping, can be very high, especially if there is an increase in fuel prices or changes in the shipping tariff policy.
Communication and Language Problems
Different languages and culture can cause miscommunication between importers and exporters,
which can cause errors in orders, shipping, or problem solving.
In addition to the above obstacles, of course there are still many others such as the risk of damage to differences in quality standards that are required for above for the smooth running of the import process. However, overcoming these obstacles requires careful planning,
A good understanding of regulations, as well as cooperation with reliable and experienced partners in international trade.
Tips to be an importer
Being a successful importer requires a good strategy, a deep understanding of the market, and the ability to overcome various challenges that might arise.
Here are some tips for becoming a successful importer:
Learn regulations and regulations
The first tip you have to do is do regulatory research. Understand well the import regulations in the country of origin and destination country, including import duties, taxes, and permits needed. If necessary,
in collaboration with international trade consultants or legal experts who understand import regulations to ensure compliance.
Build relationships with reliable suppliers
Find a trusted supplier. Choose suppliers that have a good reputation and can provide quality products at competitive prices.
Don't forget to negotiate good. Negotiate payment requirements, prices, and quality with suppliers to get the best agreement.
Manage risk
Important tips that you definitely need to do is manage risk. The trick is to insure shipping.
Make sure every delivery is insured to protect from the risk of damage or loss. You also need to consider doing hedging or using a futures contract to protect from the risk of exchange rate fluctuations.
Use technology
In the world of technology imports it is very important. Therefore take advantage of e-
Digital Commerce and Digital Platform. Use an e-commerce platform or marketplace to reach more customers and expand the market. You also need to use management software. Use logistics and financial management software to automate the process and improve operational efficiency.
In addition to the tips above you also need to manage logistics and make a shipping plan well. The trick is to work with an experienced company, Transcon Indonesia.
Successful import activities with Transcon Indonesia
PT Transcon Indonesia is committed to providing the best service,
especially in the provision of bonded logistics centers. With this service, running an export and import business more easily without worrying about the complexity of licensing and customs. The process of importing goods will be much smoother and run successfully and safely.
This allows you to focus more on designing a better and more efficient business strategy, while reducing operational costs to be more affordable. Therefore, make sure to make Transcon Indonesia the best partner to facilitate your import business!